Cromer Market Update Michelle Jones YOUR LOCAL AGENT
Suburb sales 125
Total sales in Cromer over the last 12 months
25A Toronto Avenue
12 Denison Place
17 Little Willandra Road
18/5 Carousel Close
1/33 Truman Avenue
12 Tennyson Road
17 Evergreen Drive
71 Carawa Road
15 Badcoe Road
99/81 Willandra Road
24 Evergreen Drive
27 Grover Avenue
Suburb statistics How Cromer performed over the last 12 months
$4,950,000
$2,360,000
$1,180,000
Highest sale price
Median House price
Median Unit price
21
96
29
Average days on market - House
Number of House sales
Number of Unit sales
15
$950/week
$575/week
Average days on market - Unit
Average rental price - House
Average rental price - Unit
46.9%
13.1%
Capital growth - houses
Capital growth - units
Source: yourinvestmentpropertymag.com.au Monthly data update for Mar 2021 as supplied by CoreLogic. Data is reported to the period ending Dec 2020. Please note that property sales data is routinely updated, so may change retrospectively.
Market wrap In 2021, we saw exceptional growth in the Northern Beaches market, with Cromer being one of the standout suburbs. This was largely impacted by ‘out of area’ buyers and locals looking for a change in lifestyle. Locals looked to upsize from Dee Why apartments for a balanced lifestyle and out of area buyers were capitalising on additional space. We noted that Cromer attracted buyers from Balgowlah, Collaroy Plateau and the Eastern Suburbs. High demand within this area resulted in property prices increasing by a staggering 46.9%. I recommend local residents take advantage of the market now and increase their personal wealth by shifting their five-year plan into the present. Whether you’re a downsizer, upsizer, first home buyer or wanting to grow your portfolio, we are here to help you find yourself in a better place. I look forward to chatting with you soon.
How Upstate performed in 2021
544
615
$10,125,000
Residential sales
Residential leased
Highest sale price Northern Beaches
108
123
118,000+
Commercial sales
Commercial leased
Prospective buyers on our database
Auction clearance rates
85%
82%
81%
Auction clearance rate Upstate
Auction clearance rate Sydney
Auction clearance rate Northern Beaches
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Number 1 Northern Beaches single office, with the biggest team and database. NUMBER OF TRANSACTIONS 2021 700 600 500 400 300 200 100
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MCGRATH COLLAROY/ DEE WHY
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Michelle Jones Licensed Real Estate Agent
0452 337 680 michelle.j@upstate.com.au
As a dedicated mother, Michelle understands the real needs of families and people seeking the ideal home or sale result.
$3,350,000
171
65%
Highest sale price
Total properties sold
Repeat clients
A HUGE THANKS TO MICHELLE
PROFESSIONAL & VERY RESPONSIVE
Michelle was so so wonderful from
Michelle recently sold our home in
beginning to end. She took so much
Cromer. She stood out as an agent for
care with our place and looked after
us, as she made herself available at
our well being. She answered every
all times. We didn’t have to deal with
call and message at any day and time.
assistants or other team members,
The process was smooth, quick and
Michelle went above and beyond to
seamless. We are so happy with the
secure a buyer in a difficult market
result and would highly recommend
and I am happy to recommend her.
Michelle to everyone!
Vendor - Cromer
Vendor - Cromer upstate.com.au Level 1, Suite 15, 888 Pittwater Road, Dee Why, NSW 2099
YearS YOUNG
1922-2022